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© Reuters. ZURICH - ABB (ST:), the Swiss-Swedish multinational corporation, has secured a substantial financial boost with a €500 million loan from the European Investment Bank (EIB). This strategic move is set to accelerate…

BUENOS AIRES - Argentina's political landscape has shifted dramatically as Javier Milei, a fervent advocate, secured the presidency amid a backdrop of soaring inflation and looming recession concerns. Milei's triumph in the…

Bitcoin’s Taproot Wizards project received a fresh $7.5 million investment from Standard Crypto to transform the blockchain ecosystem and compete with major players like Ethereum and Solana. The Taproot Wizards project, known for its…

Award-winning Afro hair care company Nylah’s Naturals has raised a £530k seed round led by Midven. The investment will come from both the Midlands Engine Investment Fund (MEIF) through the MEIF West Midlands Equity Fund and the West…

Bitvavo has secured a milestone in its European expansion strategy. The Austrian Financial Market Authority has granted the Dutch cryptocurrency exchange authorization to operate as a virtual asset service provider, allowing it to extend…

The tentative agreement reached between actors and Hollywood studios after a four-month strike includes a big nod to the streaming era.  As part of the contract, actors on hit streamed shows would get far bigger bonuses. Previously,…

MAP S.Platis, a regulatory and financial advisory firm, has obtained a Payment Institution license on behalf of one of its clients. The Central Bank of Cyprus granted this license. Don't miss London's premier financial event! 3,500+…

Zhipu and Baichuan are the two leading startups involved in China’s push for using generative artificial intelligence competing with Google and OpenAI. Amid the buzzing AI market, Chinese AI startup Zhipu announced that it has secured…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Labour party has seized a previously safe Conservative party seat in England in an ominous blow to Prime Minister…

Vienna-based crypto exchange Bitpanda has secured a virtual asset service provider (VASP) license in Norway as it continues its expansion in Europe. With the addition of Norway to its list of regulated markets, Bitpanda has strengthened its…